What is E-close?
- E-close is an electronic paperless closing system that allows you the freedom to manage your documents via the internet and complete electronic mortgage closings 100% digitally.
- It is a secure site that allows only those that have been granted access the ability to manage and control closing documents. Both lender and title documents can be controlled through our system.
- It is a technology breakthrough that allows Title and Escrow to process orders faster and more efficiently.
- It is a front end product that sells directly to Fannie Mae, Freddie Mac or the Lenders own E-vault.
- E-close allows for instantaneous electronic transfer of the completed package from the Title Company to the Bank and on to the final Investor.
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Benefits of E-close
- Reduce Post-Closing Deficiencies: Electronic signatures mean the end to most signature and missing document deficiencies, eliminating lost time spent on post-closing follow-up problems and related issues.
- Exceed Borrower Expectations: Go above and beyond your client's expectations at the closing table and offer an E-Close solution that eliminates the endless paperwork and long hours they are expecting.
- Better, More Efficient Client Services: Title Fulfillment Services, Inc. will ensure that all E-Close Certified Title Company closing documents will be part of the E-Close package and reviewed by the consumers prior to the E-Closing.
- Faster Closings: Replacing wet signatures with a 2 signature E-Close for buyer and seller improves the closing experience, as consumers electronically sign the closing package simultaneously.
- E-Docs Reduce Storage Costs: Reduce the costs associated with the storage and delivery of many paper documents. After the E-Close is complete and submitted, you can save the electronically signed E-Docs as a PDF.
- Eliminate Courier Expenses: With an electronic closing, correcting, collecting, organizing and mailing paper mortgage documents to the lender is no longer necessary. Now, you can simply scan and upload the entire E-Close package.
- Paperless Equals More Convenience: A completely electronic closing means less prep work for you and more time for the next closing.
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